Wrapped NCG - Short Lived Hype?

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WNCG saw a rise of almost 500% in 2 weeks recently, but it appears just as soon as the excitement started kicking in, things reversed drastically. WNCG has already lost 50% of its value.

To SHORT WNCG, watch for bear flags and take it down to the structure level indicated.

To LONG WNCG, watch for a bounce at the structure level. If we break the structure level, bullish reversal play will be invalidated.

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